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  • November 20, 2020
  • News

Cognite and Wood join forces to support AI for industrial operations

Cognite, a global industrial AI software company, and Wood, a global engineering and consulting company, are forming a strategic partnership that will accelerate industrial transformation by creating AI solutions that enable more connected, sustainable, and data-driven operations.

The collaboration plays to the strengths of both companies to deliver value faster and at scale, combining Cognite’s flagship product, Cognite Data Fusion with Wood’s multi-sector domain knowledge, data extraction and technology integration expertise, which is proven to optimize productivity and performance, according to the vendors.

Both companies are committed to deploying performance solutions that address the needs of energy transition, with the collaboration allowing for greater understanding of existing assets and operations, liberating vast amounts of data trapped in fragmented and legacy systems.

“Wood and Cognite will leverage physics-based models and AI to quickly provide advanced analytics that drive more profitable and sustainable industrial operations," said Mark House, Wood’s president of automation and control. “Through the partnership, we are addressing a familiar challenge in industry when operational and information technology converge.  By combining Wood’s world-leading process optimization platforms like Virtuoso®, and our end-to-end asset and delivery know-how, into packaged and scalable solutions with Cognite’s technology, we can unlock significant value for clients."

Through Cognite Data Fusion, data will be transformed from siloed raw information into meaningful digital insights in real-time, to make faster and better-informed business and operational decisions.

“Adding Cognite’s advanced AI data contextualization and operations product to Wood’s technology partnership ecosystem is an exciting step as we innovate in connected operations solutions,” said Darren Martin, Wood’s chief technology officer.  “This collaboration will further enable us to meet the ambitions of our clients’ and empower them to be future ready now.”

For more information about this news, visit www.cognite.com or www.woodplc.com.

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